In ‘Head-to-Toe’ Armani, Fredrik Eklund Partakes in Demolition of 50 Clinton Street

Posted on: June 22nd, 2015 at 9:23 am by
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Why, of course 50 Clinton Street would be demolished “in style.” The takedown of the mid-block row of low-rise retail has been underway since early June, but pompous broker Fredrik Eklund needed to take a turn pissing on the ashes wielding the wrecking ball, as it were.

Eklund happily boasted on Instagram last week about destroying 50-62 Clinton while “dressed from head-to-toe in Armani.” He’s seen sitting behind the wheel of a demolition rig, grinning and exuding vocal machismo at the camera.

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As of today, little is left of the modest one-story stretch of Clinton Street. The demolition team has been working around the clock to level the block. Saturday afternoon saw at least three trucks idling to aid that effort.

In the end, several small businesses, including WD-50 and Rothstein’s Hardware, were forced out due to the record $28.95 million transaction. DHA Capital purchased the parcels last year from the notorious frat-loving Icon Realty. Expect construction of the new seven-story, 37-unit condo development to last a few years before the gentry moves in.  The housing stock is already 40% sold out, apparently.

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